Total Specific Solutions has acquired Algardata
Total Specific Solutions B.V. (TSS) has acquired Algardata Sistemas Informáticos, S.A. (Algardata) a leading software provider of dedicated business solutions and services to verticals such as hospitality, retail, logistics and agriculture.
Headquartered in the Netherlands, TSS is an international vertical market software group. Its independent business units offer software-related business solutions to their specific market segment. TSS is active in a growing number of verticals, such as healthcare, local and central government, financial and legal services, accountancy, agriculture, automotive, construction, education, hospitality, manufacturing, maritime, mobility, real estate and retail.
Founded in 1990, Algardata is a family-owned technology company offering software development, managed services and consultancy, on top of many dedicated process and vertical market business software solutions. The company is present in Portugal, Angola and Argentina.
Oaklins’ team in Portugal advised TSS on the search and buy process, resulting in the acquisition of Algardata.
Talk to the deal team
Related deals
Dania Software has been acquired by Omnidocs
The owners of Dania Software A/S have sold the company to Omnidocs.
Learn moreGoldbach Group AG has sold dreifive AG
Goldbach Group AG has sold dreifive AG to the existing management.
Learn moreInfotreasury has been sold to Matera
Matera, a leading banking software company with world-class instant payments and core banking solutions, has acquired Infotreasury.
Learn more